A trade delegation organized by the Ministry of Economic Affairs and the Taiwan External Trade Development Council (TAITRA) arrived in Panama on Sunday to conduct procurements and examine the investment climate of the Central American country.
Panama is the first leg of the delegation's 20-day trade promotional tour of five Central American states that have signed free trade agreements with Taiwan.
In addition to Panama, the group is also scheduled to visit Nicaragua, El Salvador, Honduras and Guatemala.
Wu Hsin-hua (
Meanwhile, Ambassador to Panama Tomas Hou (侯平福) said the nation's annual exports to Panama amounted to approximately US$20 million per year, and it exports approximately US$700 million in products to other Latin American and Caribbean nations via Panama's Colon Free Trade Zone every year.
The delegation will be seeking to procure a variety of agricultural and fishery products, including beef, coffee, vegetable oil, timber and sugar, with the total amount spent expected to exceed US$7 million.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
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